Reopening local markets and getting back to business in the new normal
December 07, 2020 | 08:00
In the first 11 months of 2020, the country boasted nearly 124,300 newly-established enterprises, albeit a number 1.9 per cent lower compared to the same period last year.
Cards in Vietnam’s favour for M&A gains
By Luu Huong
November 30, 2020 | 14:21
Foreign investors are gearing up their expansion efforts in Vietnam, trusting the country’s long-term economic stability. Le Khanh Lam, partner at RSM Vietnam, shared with VIR’s Luu Huong insight about the growth momentum in the mergers and acquisitions market.
How the pandemic hinders automobile supply chains
November 02, 2020 | 07:00
This year was supposed to be a transitional one for the global auto industry. Analysts had expectations that sales in the sector had bottomed out, and that growth in China would support the world market, reversing recent negative sales trends and getting back to a trajectory of growth.
Flying through turbulence for retail industry in Vietnam amid pandemic
October 12, 2020 | 09:35
Vietnam has witnessed bright spots in socioeconomic development in the third quarter, including in the retail industry.
Responding to the coronavirus fallout
September 21, 2020 | 19:16
The COVID-19 pandemic has created unprecedented uncertainty and significant operational challenges for many middle market businesses. As this situation continues to evolve, organisations should continuously re-evaluate and reassess their systems and processes for adapting to this new environment, mitigating risk and minimising negative impacts.
Lessons from the pandemic for tourism and hospitality businesses
By Le Khanh Lam - Partner, RSM Vietnam
September 07, 2020 | 10:34
It is difficult to imagine a more brutal series of circumstances than those that have assailed the tourism and hospitality industry as a direct result of COVID-19 – being forced to close the doors, stand staff down, face restrictions on how you can operate, and essentially be helpless as you watch your business crumble.
Unforeseeable risks in transfer pricing amid worldwide crisis
By Le Khanh Lam
June 15, 2020 | 14:57
The ongoing pandemic has been affecting economies around the world. Under its impacts, companies have faced many business risks. Transfer pricing risks in particular may affect companies which have incurred losses during the last few months.
How to assess effectiveness of internal audits
By Le Khanh Lam
May 04, 2020 | 08:00
The traditional role of internal auditing in Vietnamese companies only focuses on financial estimations and monitoring of the internal control system. However, in recent years, its role and influence has been increasingly enhanced in contributing to risk management activities and improving value. Therefore, it is very important to assess the effectiveness of internal auditing.
Aligning transfer pricing with international norms
February 17, 2020 | 09:07
The growth of foreign-invested enterprises (FIEs) in Vietnam has recently raised increasingly complicated tax concerns. These problems arise primarily from the practical issues of determining the transaction price between FIEs and their related parties.
From BEPS 1.0 to BEPS 2.0
January 21, 2020 | 17:22
In the context of the Organisation for Economic Cooperation and Development (OECD)/G20 Base Erosion and Profit Shifting (BEPS) project, the 15 final actions were published to equip governments with domestic and international rules and instruments to address tax avoidance, ensuring that profits are taxed where economic activities generating the profits are performed and where value is created.
Concluding cross-border M&A deals in a professional fashion
August 12, 2019 | 08:51
As cross-border mergers and acquisitions in the country continue to rise, Vietnamese companies are now more astute in dealing with overseas investors thanks to help from professional advisors. Lam Le, partner at RSM Vietnam, shared his consulting experiences with VIR’s Nam Phuong.
Transfer pricing research advised
By Nam Phuong
July 29, 2019 | 17:05
As Vietnam tightens its grip on transfer pricing, firms are being advised to keep themselves posted on how to record transactions of related parties.
Tax implications of cross-border trade
June 17, 2019 | 08:57
"Decree 20 also gives the tax authorities the power to use internal databases for TP assessment purposes in the case of a taxpayer being deemed non-compliant with the requirements of the decree."
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